Exploring the Types of Business Collaboration (+Examples)

Exploring the Types of Business Collaboration (+Examples)

Collaborating with other businesses can provide access to new resources and innovative ideas, enhance market reach, and streamline project delivery. There are different types of business collaborations including network collaborations, strategic alliances, community collaborations, coopetition, ecosystems, and portfolio collaborations. To choose the best type of collaboration, businesses need to establish well-defined goals, assess the strengths and weaknesses of each other, understand the outcomes, and determine if their products, services, cultures, and decision-making tendencies align. Simple examples of business collaborations include cross-promotion, cloud collaboration, and co-hosting/sponsoring events.

View

More Innovation Resources:

Breakthrough Innovation – What Are They, and How Do You Create One?

Breakthrough innovation is an umbrella term for innovations that lead to a dramatic impact, fundamentally changing the dynamics of a given industry or market. Creating one involves identifying the right opportunity, building a key innovation, and scaling it to achieve breakthrough impact.

View

Jobs to be Done Framework Training — Innovation Training | Design Thinking Workshops

JTBD is a customer-focused innovation framework that focuses on understanding the underlying job-to-be-done rather than just the product or service. Resources for training and implementing this theory are available in various formats, such as books, videos, templates, and podcasts.

View

Why Failure is So Important for a Successful Innovation Strategy

Failure is an important ingredient for success in innovation. Good failures can lead to learning and breakthroughs.

View